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    Exchange St Montgomery, AL 36116

    For Sale
    $89,900

    1.05-acre commercial lot near I-85.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Montgomery, Alabama. Strategically located on Exchange Street, this property boasts convenient access to the Interstate system, placing businesses within easy reach of major transportation routes. Its proximity to key community infrastructure is a significant advantage. The site is situated near the Montgomery Police & Fire Station, MPACT Technical School, and LAMP Magnet School, ensuring a strong local presence and potential workforce. Furthermore, its location near Trenholm State Community College - Patterson Campus provides access to a skilled workforce and educational resources. The area also features several multi-family housing complexes, including Cara Villa Village Senior Living and Magnolia Apartments, creating a robust residential base for potential customers. High traffic counts on nearby US 231 (40,350 AADT) highlight the significant visibility and accessibility of this location. The property is also conveniently located approximately 4.1 miles from Baptist Medical Center South and 4.5 miles from I-85, offering easy access to healthcare and broader regional connectivity. This prime location, coupled with its size and accessibility, makes this property ideal for a variety of commercial ventures. The asking price of $89,900 represents a compelling investment opportunity in a thriving Montgomery neighborhood. The zip code is 36116.

    Property Features for 0 Exchange St

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • Excellent Interstate access.
    • Prime location near essential services including police, fire, and highly‑rated schools.
    • Surrounded by established multi‑family residential communities.
    • High‑traffic location on US 231 (40,350 AADT).
    • Close proximity to Baptist Medical Center South (4.1 miles).
    • Convenient access to I‑85 (4.5 miles).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.2208842
    Latitude
    32.3150757

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    FAQs

    What type of property is this?
    Land - 1.05-acre commercial lot near I-85.
    Where is this land located?
    The property is located at Exchange St Montgomery, AL.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: Excellent Interstate access.; Prime location near essential services including police, fire, and highly-rated schools.; Surrounded by established multi-family residential communities.
    (334) 387-2724
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    Exchange St Montgomery, AL 36116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Exchange St Montgomery, AL 36116
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